Edil Producers, Inc. will start its commercial operations in January 1, 2019. The sales forecast per the sales manager's estimates for its first year of operations is 50,000 units. However, the production manager estimated that only 80% of the sales forecast can be produced with the available workforce and equipment. The product will be sold for P20 per unit. The budgeted peso sales for Edil Producers Inc.'s initial year of operations is * O P50,000 P800,000 O P1,000,000 P40,000